Jharkhand Professional Tax Slab Rate FY 2015-16

Jharkhand Professional Tax Slab Rate FY 2015-16 – As per theIncome Tax rule by Clause (2) of Article 276 of the Constitution of India Professional Tax is a specific type of Tax which is levied by the State in India on the Income earned through profession or employment.

Professional Tax was first levied in year 1949 as per the power laid down by constitution in Clause (2) of Article 276 of the Constitution of India where state are empower to charge the professional tax as per the slab rate defined time to time.

Jharkhand Government also levied the Professional tax on salaried individuals of government , non-government entities, Private practicing in any profession i.e. Doctors, Engineers, accountants, Lawyers or any businesses.

The slab rate for professional tax are vary as per the state on different income of Individuals but there is maximum ceiling of professional tax being charged by any state government i.e. Rs 2500/-. which is allowed under deduction in Income Tax as per the section 16.

Professional Tax Slab in State of Jharkhand

Gross Salary (Yearly)

Professional Tax Rate (Yearly)

Payment Schedule

Yearly

Effective Date of Slab

01.02.2012

upto Rs. 3,00,000/-

Nil

Rs. 3,00,001/- to Rs. 5,00,000/-

Rs. 1,200/-

Rs. 5,00,001/- to 8,00,000/-

Rs. 1,800/-

Rs. 8,00,001/- to 10,00,000

Rs. 2,100/-

Rs.10,00,001/- and above

Rs. 2,500/-

Exemption from Professional Tax

Personal with Physical Disability of permanent nature

Parents or guardian of person suffering from mental retardation.

Senior citizen above the age of 65 years in all state other than karnatka where 60 years

Parents or guardians of a child suffering from a physical disability as specified in clause (C) w.e.f 1.10.1996.